This conversion does not create a taxable event. 

Sometimes, talking with them (with the right person guiding that conversation) about your shared vision for the future can help turn them around. 

@Dan Sundberg, congratulations on the successful conversion and creating a cash-flowing asset for yourself and your family.  

This is an ongoing conversation with Buyers all over the country.

Kevin the seller do not want to have a conversation, his actual words were make him a as is cash offer for $150k.

I can't do anything to my rental to increase efficiencies in creating more income until it is vacant or the market decides I can.Businesses will require workers, that require leading, and that requires more patience and more hard decisions/conversations to make.

Conversely, if I set aside $12,500, it would grow into enough money to pay the future tax bill.

As of right now, 90% of agents still fail even though current buyers and sellers who do close subsidize all of those who don't.Now conversely, you've got someone like me.

Hard to know with a variable mortgage and their fixed rate conversions are not favorable rates.

Due to the price different between Toronto and SSM, retail buyers are seeing the pricing and they are 'great' deals to them, even though they have climbed this past yearObservation 3:  With material prices up, you would expect new builds to slow down, however in my conversations with GC's and builders they are slammed trying to keep up with the build demand.I would agree with Tyler that there are definitly portions of the city that I would not invest in.